LIVE FUTURES REPORT 18/01: Mixed start to the week for LME base metals

LME base metals prices had a mixed start on the morning of January 18, despite positive economic data coming out of China, with copper and nickel rising but zinc falling, capped by a high US Dollar Index.

Copper’s three-month price on the London Metal Exchange was up by 0.5% to $7,990 per tonne on Monday at 9:30am, compared with Friday’s 5pm closing price of $7,949 per tonne. 
Copper closed 1.2% lower on Friday at $7,949 per tonne after a 0.5% gain to $8,048.50 per tonne on Thursday.  

The red metal, together with the rest of the base metals complex, was subject to volatility last week due to...


Ana de Liz

January 18, 2021

10:11 GMT